Authorised Share Capital
NMDFC was incorporated on the 30th September, 1994 under Section 25 of the Companies Act 1956 (Now Section 8 of Companies Act 2013) with an initial Authorized Share Capital of Rs. 500.00 Crores. The Authorized Share Capital of NMDFC has been enhanced from Rs. 500.00 Crores to Rs. 3000.00 Crores over a period of 20 years as detailed below:-
S.No. | Enhancement of Authorized Share Capital (Rs. in Crores) | Approval from the Govt. of India | Approval from the Regional Director, Company Affairs |
---|---|---|---|
1 | 500.00 to 650.00 | 22.12.2004 | 28.07.2005 |
2 | 650.00 to 750.00 | 19.11.2007 | 26.02.2008 |
3 | 750.00 to 850.00 | 22.09.2008 | 29.10.2008 |
4 | 850.00 to 1000.00 | 09.09.2009 | 30.09.2009 |
5 | 1000.00 to 1500.00 | 16.07.2010 | 12.08.2010 |
6 | 1500.00 to 3000.00 | 17.02.2015 | 24.03.2015 |
The Authorized Share Capital of Rs. 3000.00 Crores is to be contributed by various agencies in the following manner:
S.No. | Source | Amount (Rs. in Crores) |
---|---|---|
1 | Govt. of India | Rs. 2190.00 Crores (73%) |
2 | State Government / UTs | Rs. 780.00 Crores (26%) |
3 | Organizations & Individuals interested in the Welfare of Minorities | Rs. 30.00 Crores (1%) |
Actual Contrubution
As on 30.04.2023 the Share Capital Contribution from the above three categories is Rs. 2539.10 Crores (84.64%) which Rs. 2129.00Crores (97.21%) has been contributed by the Government of India and Rs. 410.09 Crores (52.58%) by various State Governments as well as Union Territory administration. Only an amount of Rs. 80,000/- has been contributed by the Organization & Individuals having interest in Minorities.
S.No. | Particulars | %AGE Earmarked | Equity to be Contributed (Rs. in Crores) | Actual Equity Contribution (Rs. in Crores) | % age Contributed | Balance (to be Contributed) (Rs. in Crores) |
---|---|---|---|---|---|---|
1 | Govt. of India | 73 | 2190.00 | 2129.00 | 97.21 | 61.00 |
2 | State / UTs | 26 | 780.00 | 410.09 | 52.58 | 369.91 |
3 | Organizations & Individuals having Interests in the welfare of Minorities | 1 | 30.00 | 0.01 | 0.03 | 29.99 |
Total | 100 | 3000.00 | 2539.10 | 84.64 | 460.90 | |